Ministry of Housing, Communities and Local Government: Brexit

(asked on 2nd May 2018) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Housing, Communities and Local Government, pursuant to the Answer of 26 April 2018 to Question 136575 on Ministry of Housing, Communities and Local Government: Brexit, what definition his Department uses for additional flexibility in relation to retaining income at future Budgets.


Answered by
Jake Berry Portrait
Jake Berry
This question was answered on 14th May 2018

HM Treasury’s Consolidated Budgeting Guidance applies to all departments. The budgeting system tries to ensure that departments have good incentives to manage their business well, to prioritise across programmes, and to obtain value for money. There are rules allowing departments to offset certain income against budgets. Only some of the income that comes to a department benefits budgets and this is forecast at the start of each Spending Review. The main categories of MHCLG income are income from rent of buildings, sales of services and fees and interest on loans.

MHCLG agreed additional flexibility to retain income that was above our forecast at the start of the Spending Review at Autumn Budget.

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